Report ID: SQMIG50C2025
Report ID:
SQMIG50C2025 |
Region:
Global |
Published Date: June, 2024
Pages:
260
|
Tables:
95 |
Figures:
76
North America has the largest share in the Enterprise WLAN market with 43.50% market share. The region has been experiencing remarkable growth especially across the US. This has led to the region experiencing a rapid growth due to the large-scale investment in wireless Wi-Fi technologies with major market players. For instance, Netgear Inc. and Fortinet Inc. is Offering lucrative market opportunities, the region has seen large expenditure on wireless infrastructure; this is evidenced by recent development where AT&T Inc. committed to an investment of about USD 23 billion in March 2021 towards building wireless infrastructure and Verizon acquiring Charter Communications for about USD 45 billion in February 2021. Such substantial capital expenses indicate a growing WLAN market requirement across commercial verticals in North America. In addition to this momentum, major events have strengthened the United States' position in the WLAN industry.
Asia-Pacific is the fastest growing region in the enterprise WLAN market, with a 25.6% CAGR during the forecast period. This rapid growth is primarily due to increased demand for better Wi-Fi coverage and extensive use of wireless hotspots throughout cities. Governments in India, China, and Japan are encouraging the use of the internet and smart devices, driving the market forward. Businesses in the region are rapidly deploying WLAN networks to provide their employees with reliable, high-speed internet access. This shift is crucial for enabling a more mobile and flexible workforce, which has gained traction in the aftermath of digital transformation initiatives. Furthermore, the business is benefiting greatly from the rapid proliferation of FON networks (open Wi-Fi) in various APAC countries, which enhances connection and access. Furthermore, strategic advancements and collaborations among key industry players help to drive market growth.
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Report ID: SQMIG50C2025